Ford Mustang (2nd generation)
The right car at the right time: Ford's downsized fuel-crisis saviour.
- Power
- 105 bhp
- 0–60 mph
- 11.4 s
- Top speed
- 106 mph
- Est. value
- $7k–$22k
About the Ford Mustang
Launched just as the 1973 oil crisis hit, the Mustang II was a radical departure from the 'bloated' first-generation models, sharing its platform with the subcompact Ford Pinto. While enthusiasts initially decried the lack of a V8 in its debut year, the Mustang II was a massive commercial success, selling nearly 400,000 units in 1974 alone and winning Motor Trend's Car of the Year. The 2.8-litre Cologne V6 was the top engine choice for 1974, offering a balance of European-derived refinement and improved fuel economy. Today, it is appreciated as the car that saved the Mustang nameplate from extinction during a period of intense economic pressure.
Ford Mustang specs
The Ford Mustang produces 105 bhp (78 kW) and 190 Nm (140 lb-ft) of torque. It reaches 60 mph in 11.4 seconds and has a top speed of 106 mph (171 km/h).
| Make | Ford |
|---|---|
| Model | Mustang |
| Generation | Second generation (2nd generation) |
| Trim | 2.8 V6 |
| Years | 1974–1978 |
| Type | Classic |
| Body style | Coupé |
| Country | United States |
| Original price | About $3,300 when new |
| Engine | 2.8-litre Cologne V6 |
|---|---|
| Displacement | 2,792 cc (2.8 litres) |
| Induction | Naturally aspirated |
| Power | 105 bhp (78 kW) at 4,600 rpm |
| Torque | 190 Nm (140 lb-ft) |
| Redline | 5,500 rpm |
| 0–60 mph | 11.4 s |
| Top speed | 106 mph (171 km/h) |
| Transmission | 4-speed manual |
| Drivetrain | Rear-wheel drive |
| Weight | 1,310 kg (2,888 lb) |
| Power-to-weight | 80 bhp per tonne |
Typical figures for the standard car; options, markets and model years vary. Where our specs come from
How much is a Ford Mustang worth?
A typical Ford Mustang is estimated to be worth $6,500 – $22,000 (about £4,800 – £16,000).
Its original price when new was about $3,300.
Values are directional estimates for a typical example, not appraisals. Condition, mileage, history and specification all change what a real car is worth. Pound figures use the exchange rate of 3 November 2026. How values are estimated
Ford Mustang rarity in CarSpot
The Ford Mustang is an Uncommon card in CarSpot, with a rarity score of 22 out of 100. Hot hatches and premium sporty cars. An Uncommon card is worth 20 XP.
Each model's tier starts from a 0–100 score based on its value plus its power or production numbers. Once enough players have spotted a model, how often it is spotted can move it up or down one tier. How CarSpot rarity works
Rarity is a collectible game mechanic, not an assessment of real-world scarcity or value.
Ford Mustang fun facts
- The Mustang II was the first American car to feature power-assisted rack-and-pinion steering as standard.
- Despite its smaller size, the 1974 Mustang II was actually heavier than the original 1964.5 model due to new safety bumpers and emissions equipment.
- Lee Iacocca, the 'father of the Mustang', personally pushed for the downsizing to return the car to its 'little limousine' roots.
